PT - JOURNAL ARTICLE AU - Meir Statman TI - The 93.6% Question of Financial Advisors AID - 10.3905/joi.2000.319394 DP - 2000 Feb 29 TA - The Journal of Investing PG - 16--20 VI - 9 IP - 1 4099 - https://pm-research.com/content/9/1/16.short 4100 - https://pm-research.com/content/9/1/16.full AB - Financial advisors provide great value as managers of investors and managers of investments; they do not enhance their value by misinterpreting Brinson, Hood, and Beebower's 93.6% figure. This article focuses on the value of financial advisors; the contributions of strategic asset allocation, tactical asset allocation, and security selection; and the interpretation of asset allocation figures.